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Court of Appeal dismisses Barclays’ LIBOR appeal

The Court of Appeal (Longmore LJ, Underhill LJ and Sir Bernard Rix) today handed down its much anticipated judgment in Barclays Bank plc v Graiseley Properties Limited & Ors [neutral citation], which has been referred to as the Libor ‘test case’. The Court of Appeal dismissed Barclays’ appeal from the decision of Flaux J [2012] read more…